Twitter CEO stepping down with a public tweet

Read his resignation letter
Twitter CEO stepping down with a public tweet

Jack Dorsey, the co-founder and public face of Twitter, will step down from his role as CEO, effective immediately, the company announced. Parag Agrawal, Twitter’s chief technology officer, will take over as CEO.

Jack Dorsey announced his resignation by twitting the same email he sent to the company employees:

Dorsey will remain a member of the Board until his term expires at the 2022 meeting of stockholders. Bret Taylor was named the new Chairman of the Board, succeeding Patrick Pichette who will remain on the Board and continue to serve as chair of the Audit Committee. Agrawal has been with Twitter for more than a decade and has served as Chief Technology Officer since 2017.

In addition to Agrawal’s appointment to the Board, the Company announced that Bret Taylor, a member of the Twitter Board since 2016, has been named Independent Chair of the Board, effective immediately. Taylor succeeds Patrick Pichette, who will remain a member of the Board and continue to serve as chair of the Audit Committee. Taylor has significant leadership experience in the technology sector, overseeing strategy and technology development, and currently serves as the President and Chief Operating Officer of Salesforce.

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